In March 2014, a total volume of 33.4 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets (March 2013: 29.5 TWh). This is the best monthly volume recorded on EPEX SPOT’s markets since its creation five years ago and is an increase of 6% compared to the previous record from last December (31.6 TWh). The increase is due to a record volume on the German/Austrian Day-Ahead and solid volumes on the French and Swiss Day-Ahead.
Furthermore, 15-minute products on the German and Swiss Intraday markets saw a significant upsurge of 35% in trading volumes (421 846 MWh) compared to last month’s record. In March, they represented for the first time one fifth of the volume traded on the German and Swiss Intraday markets.
Day-Ahead markets
In March 2014, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 30,995,070 MWh (March 2013: 27,721,272 MWh) and can be broken down as follows:
|
Areas |
Monthly volume |
Monthly volume – previous year |
Price – monthly average |
|
|
DE/AT |
23,688,599 |
21,189,844 |
35.05 / 38.11 |
|
|
FR |
5,577,801 |
5,095,577 |
35.58 / 44.31 |
|
|
CH |
1,728,670 |
1,435,851 |
35.82 / 44.59 |
|
|
ELIX – European Electricity Index |
32.16 / 40.28 |
|||
* Peak excl. weekend
Prices within the French and the German market, both coupled with the Benelux markets within Central Western Europe (CWE), converged 47% of the time.
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 2,416,409 MWh was traded in March 2014 (March 2013: 1,828,365 MWh).
|
Areas |
Monthly volume MWh |
Monthly volume – previous year MWh |
|
DE/AT |
2,047,368 |
1,499,105 |
|
FR |
282,832 |
329,260 |
|
CH |
86,209 |
0* |
* Swiss market launched in June 2013
In March, cross-border trades represented 17.4% of the total Intraday volume.
***
The European Power Exchange EPEX SPOT SE operates the power spot markets for France, Germany, Austria and Switzerland (Day-Ahead and Intraday). Together these countries account for more than one third of the European power consumption. EPEX SPOT is a European company (Societas Europaea) based in Paris with branches in Leipzig, Bern and Vienna. In 2013, 346 TWh were traded on EPEX SPOT’s markets.
